Bloom Energy Corporation (NYSE:BE – Get Free Report)’s share price traded up 11.2% during trading on Tuesday . The stock traded as high as $287.69 and last traded at $302.8520. 10,327,401 shares were traded during trading, an increase of 8% from the average session volume of 9,540,193 shares. The stock had previously closed at $272.4150.
Key Stories Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy announced multi-gigawatt fuel cell agreements with Oracle to provide on-site power for AI data centers, reinforcing the company’s role in powering AI infrastructure. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
- Positive Sentiment: The company also highlighted a $5 billion partnership with Brookfield Asset Management focused on large-scale clean power deployments, which supports the growth narrative. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
- Positive Sentiment: Analysts and market commentators are increasingly bullish, with Zacks calling Bloom Energy a “Bull of the Day” and technical/estimate revisions suggesting momentum may still have room to run. Bull of the Day: Bloom Energy (BE)
- Positive Sentiment: Shares are also getting a lift from a broader move in power-generation and HVAC names after President Trump amended Section 232 tariffs on key industrial metals, which improved sentiment for the sector. Bloom Energy Stock Rises As Trump Cuts U.S. Tariffs
- Neutral Sentiment: Bloom Energy’s momentum remains very strong, with market coverage noting its sharp year-to-date run and elevated valuation, which could keep volatility high. Bloom Energy Stock’s Momentum Score Surges Amid 228% YTD Gains, But Analyst Sees A Catch
- Negative Sentiment: Broader energy-sector weakness was also reported in premarket trading, which could limit gains if sector selling pressure persists. Sector Update: Energy Stocks Decline Premarket Tuesday
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the company. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Royal Bank Of Canada increased their target price on Bloom Energy to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Susquehanna increased their target price on Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Finally, Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $217.48.
Bloom Energy Price Performance
The company has a 50 day moving average of $222.92 and a 200-day moving average of $161.41. The stock has a market capitalization of $86.14 billion, a P/E ratio of -6,055.83 and a beta of 3.82. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period last year, the business posted $0.03 earnings per share. The firm’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.
Insider Transactions at Bloom Energy
In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,746 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $259.42, for a total value of $712,367.32. Following the sale, the insider directly owned 135,107 shares of the company’s stock, valued at $35,049,457.94. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director directly owned 108,524 shares in the company, valued at $28,971,567.04. This represents a 18.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 268,777 shares of company stock valued at $55,112,564 over the last three months. 3.00% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Compound Planning Inc. raised its stake in shares of Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock valued at $467,000 after acquiring an additional 38 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after acquiring an additional 54 shares in the last quarter. Glenmede Trust Co. NA raised its stake in shares of Bloom Energy by 0.7% in the 1st quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock valued at $1,136,000 after acquiring an additional 55 shares in the last quarter. Finally, WPG Advisers LLC raised its stake in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares in the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.
About Bloom Energy
Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.
Founded in 2001 by Dr.
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